PHI Token (PHI) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Sunday, the crypto has gained 41.55% to $0.1211636571.
Moderately Volatile
InvestorsObserver gives PHI Token a moderate volatility rank of 42, placing it in the bottom 42% of cryptos on the market.
The Volatility Gauge analyzes this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.
PHI’s moderate volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.
PHI Token price is trading above resistance. With support near $0.0736198425583599 and resistance around $0.109554626076674. This leaves PHI Token out of range and potentially in a volatile position if the rally burns out.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.
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